The Iowa Finance Authority (IFA) is seeking a dynamic and experienced Tax Credit Director to lead our Low Income Housing Tax Credit (LIHTC), Historic, Workforce Housing and Redevelopment Tax Credit programs in collaboration with the Iowa Economic Development Authority (IEDA). As the Tax Credit Director, you will play a critical role in advancing housing initiatives across the state.

About the Iowa Finance Authority:

The Iowa Finance Authority was created in 1975 to advance affordable housing opportunities for Iowans. Since that time, we’ve helped thousands of Iowans purchase their first homes or find rental homes in which their families can thrive.

The Iowa Finance Authority has grown to provide a wealth of resources for Iowans, including low-cost water quality financing for communities, assistance for beginning farmers to establish their farming operations, homelessness assistance for Iowans in need, and residential and commercial title protection.

…And we’re just getting started. Are you the perfect candidate to help us assist even more Iowans?

Duties:

Leads and supervises our Tax Credit team to carry out responsibilities of programs, build partnerships with stakeholders, explore new opportunities for housing and economic development, and provide strategic direction for each program.

Tax Credit Programs Oversight:

• Oversee the development and execution of IFA’s Federal LIHTC, Historic, Workforce Housing, and Redevelopment Tax Credit programs.
• Ensure initial compliance and effective allocation of the Tax Credit programs.
• Foster innovation and implement team decisions on guidelines and policies.
• Ensure programs meet state and federal requirements.
• Participate in board meetings and provide program reports.
• Collaborate with internal and external stakeholders to evaluate program effectiveness and work with team to implement improvements.
• Develop and maintain internal management controls.

Stakeholder Engagement:

• Create and strengthen partnerships with developers, property managers, investors, community leaders, legislators and other stakeholders to advance housing opportunities in Iowa.
• Collaborate regularly with internal partners including asset management, finance, accounting, legal, legislative, SHPO, communications and other community development teams.
• Facilitate stakeholder discussions regarding policies, projects, and community development.
• Communication and Advocacy:
• Develop expertise in tax credit programs.
• Represent IEDA|IFA at national, state, and local conferences and events as a speaker, panelist and participant.
• Engage with national and state housing finance organizations.

Team Leadership:

• Set goals that compliment and support the IEDA|IFA mission and lead activities of team members.
• Mentor and support team members to achieve goals and successfully implement tax credit programs.

Ideal candidates:

• Have strong leadership, communication and stakeholder development skills.
• Have experience in affordable housing, multifamily development, commercial finance or related housing programs.
• Have knowledge of federal and state regulations governing tax credit programs. 
• Exemplify our core values:

INNOVATIVE - We inspire people with our ideas, turn those ideas into reality and know how to replicate success.

MISSION ORIENTED - We keep a constant focus on the Iowans our programs benefit.

PURPOSEFUL - We nurture a culture of outstanding work, collaboration and diligence

ACCOUNTABLE – We accept responsibility, are trustworthy in our commitments, respectful to one another, and transparent in our actions.

CUSTOMER SERVICE FOCUS – We are courteous, responsive and respectful and serve as a reliable resource for our clients and constituents.

THOUGHT LEADERS – We are imaginative visionaries who find creative ways to reveal opportunities and leverage data to help drive decisions.

The Tax Credit Director position is a non-merit, non-contract covered position that is classified by the State of Iowa as a Public Service Manager 1. This position is exempt (salaried) per FLSA regulations. 

As an employee of the Iowa Finance Authority, you are a State of Iowa employee and eligible for a comprehensive benefits package that includes the following and more:

• Insurance – Health, Dental, Life and Long-Term Disability
• IPERS (Iowa Public Employee Retirement System)
• Leave – Sick, Vacation, Family and Military Leave
• Health and Dependent Care Flexible Spending Accounts

To learn more about benefits available to State of Iowa employees visit the benefits web page.

New to the area or looking to relocate to Iowa? Visit This is Iowa to see how Iowa offers something for everyone - competitively low cost of living, bustling cities and neighborhoods, access to entertainment, opportunities for career growth and unrivaled access to outdoor adventures.

Applicant must pass a comprehensive background check before an offer for employment will be extended.

Our agency uses E-Verify to confirm the employment eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities, please visit www.dhs.gov/E-Verify.

IFA is an EEO/AA Employer. We encourage applications from individuals of all backgrounds and experiences.

This is a non-merit position with the Iowa Finance Authority . Candidates must follow the instructions in the "To Apply" section.

Positions in this class are exempt from the screening and referral requirements of the Iowa Department of Administrative Services - Human Resources Enterprise.

Applicants must meet at least one of the following minimum requirements to qualify for positions in this job classification:

1) Graduation from an accredited four-year college or university and experience equal to four years of full-time work in program administration, development, management, or operations.

2) Eight years of full-time work experience in program administration, development, management, or operations.

3) All of the following (a and b):

a. Four years of full-time work experience work in program administration, development, management, or operations; and

b. A combination of a total of four years of education and full-time experience (as described in part a), where thirty semester hours of accredited college or university course work in any field equals one year of full-time experience. Graduation from the Iowa Certified Public Manager Program is also equivalent to one year of full-time experience or education.

4) All of the following (a, b, and c):

a. Two years of full-time work experience work in program administration, development, management, or operations; and

b. A combination of a total of four years of education and full-time experience (as described in part a), where thirty semester hours of accredited college or university course work equals one year of full-time experience; and

c. A combination of a total of two years of graduate-level education and full-time experience (as described in part a), where twenty-four semester hours of accredited graduate college or university course work in a public-service-related area (e.g., public or business administration, social work, law, education, engineering) equals one year of full-time experience. Graduation from the Iowa Certified Public Manager Program is also equivalent to one year of full-time experience or education.

5) Current, continuous experience in the state executive branch that includes one year of full-time work as a Public Service Supervisor or comparable specific management-level position.

For additional information, please click on this link to view the job description.(Download PDF reader)